The new edition of the “Quarterly Greek Energy Market Snapshot” refers to the 3rd and 4th trimester of 2021 and is now free exclusively to HAEE Members

The new issue focuses on Hydrogen as the fuel of the future and a secure, clean and affordable alternative to fossil fuels. 

If you are not a HAEE Member yet, register now and get free access to the most integrated information of the Greek energy sector, with the latest developments recorded during the 3rd and 4th quarter of 2021.

The 3rd edition of the “Quarterly Greek Energy Market Snapshot” for the 2nd quarter of 2021 is now free exclusively to HAEE Members

The new issue is dedicated to Green Islands and their potential to become frontrunners of energy transition, playing a leading role in lowering emissions and reducing dependency in fossil fuels.

If you are not a HAEE Member yet, register now and get free access to the most integrated information of the Greek energy sector, with the latest developments recorded during the 2nd trimester of 2021.

The 2^nd edition of the “Quarterly Greek Energy Market Snapshot” for the 1st quarter of 2021 is now free exclusively to HAEE Members

The latest issue is dedicated to Renewable Energy Sources and the role the Regulatory Authority of Energy plays for their faster implementation, according to the targets set in the National Energy and Climate Plan.

If you are not a HAEE Member yet, register now and get free access to the most integrated information of the Greek energy sector, with the latest developments recorded during the 1^st trimester of 2021.

The new online, "Quarterly Greek Energy Market Snapshot" of the Hellenic Association for Energy Economics is now available exlusively to its Members.

The new publication provides key figures and statistical data of the Greek energy sector. Within few pages readers can get a holistic overview of numbers and statistics related to the Electricity Market, Renewable Energy Sources, Natural Gas Market and Oil & Refining. The Snapshot will be available a few days after the end of each trimester.

Since the first volume of the Quarterly Snapshot coincides with the end of 2020, it does not only correspond to the 4^th trimester of the outgoing year, but offers a glimpse to the whole year’s energy data, with a particular focus on the recent Target Model implementation in Greece and its impact on the country’s market.  

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The report entitled "The Potential Contribution of Natural Gas to East Mediterranean Economy", powered by the International Gas Union (IGU), investigates the potential contribution of natural gas discoveries on the economies of Egypt, Israel, Cyprus, Greece, and Lebanon. Focusing on a country-level analysis, it highlights the regional perspectives of the natural gas market. Based on historical data and forecast scenarios, the study illustrates the impact of possible discoveries under the scope of security of supply and market development. 

The Report is available exclusively to HAEE Members, one month prior to its official release. 

This is a sensitive period for the Greek energy sector, since on the one hand, national elections offer a chance for the realignment of policy regardless of the ruling party, while on the other hand, a series of crucial issues are ongoing with repercussions for the future of the market. Major changes are coming due to the liberalization of the Power and Gas market, ambitious privatization processes of state-controlled energy companies and the target model objectives set by the European institutions and significant investment potential is on the horizon.

The majority of EU countries have successfully established Power Exchanges through which cross-border transactions are conducted in a transparent and reliable manner, ensuring greater liquidity in energy markets and at the same time providing a competitive environment for the benefit of the consumers. In the case of Greece, in an effort to enhance competition compared to the previous period, the country has introduced numerous steps towards the liberalization and deregulation of its wholesale electricity market. The Policy Brief discusses in depth one of these steps, which is the establishment of the Hellenic Energy Exchange (HEnEx) in order to operate the Energy Derivatives Market, the Day-Ahead Market and the Intra-Day Market.

Natural gas is the fastest growing form of primary energy worldwide, given its advantages compared to other forms of energy and its pivotal contribution to the direction of sustainable development. It is an essential element for the promotion of the European Energy Policy and at the same time, the bridge for the transition from conventional to renewable energy forms. Additionally natural gas is the most efficient and sustainable raw material for ammonia/ fertilizers production.

A considerable positive effect on GDP growth derives from the particular abolishment of the excise duty on natural gas when used as feedstock. The precise increase attributable to the growth in domestic demand is projected to eventually result in a GDP rise of € 754 million. An additional positive feature of the complete abolition in natural gas would be towards the impact on employment, which is estimated to increase by a total number of 12.500 jobs. In conclusion, nowadays that industrial production seems to progressively recover, the aim should be towards promoting and encouraging production, rather than burden it with taxes and levies that cannot be covered anymore.